KuCoin Introduces 7.5% Tax on Fees for Nigerian Users
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The leading cryptocurrency exchange, KuCoin, has implemented a 7.5% transaction fee tax on all trades executed on the platform for its Nigerian…
Nigeria Rejects Claims Jailed Binance Executive Denied Quality Healthcare
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A Nigerian government official has rejected claims that the jailed Binance executive is being denied access to quality healthcare. In an apparent…
Nigeria Drops Tax Evasion Charges Against Binance Executives
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Events in the saga between Nigeria and Binance continue to unfold. This time, the country dropped tax charges against the exchange’s executives….
Trump Champions Bitcoin Mining, Vietnamese Increase Gold Buying, and More — Week in Review
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Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to…
US Lawmakers Urge Biden to Secure Release of Detained Binance Exec in Nigeria
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A group of U.S. lawmakers has called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive…
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
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The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold…
Nigeria’s SEC-Crypto License
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In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges….